Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex after completing a ...
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The tender offer was initially made in January, valuing Aramex at approximately Dh4.39 billion. Established in 1982, Aramex ...
ADQ through Q Logistics thus creates a UAE-based logistics powerhouse The deal for Aramex is done. Things moved fast after ADQ through Q Logistics put up the offer to acquire majority stake in Aramex.
Staff reporter Sheikh Tahnoon Bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Member of the Supreme Council for Financial ...
DUBAI, March 11 (Reuters) - Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex (ARMX.DU), opens new tab after completing a tender offer.
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The transaction, once completed, will position ADQ as the majority shareholder in Aramex with a cumulative ownership of 58 percent of shares ...
Abu Dhabi's sovereign investor, ADQ, has announced the successful completion of a tender offer, resulting in its acquisition of a 58 per cent stake in logistics firm Aramex. This strategic move ...
Abu Dhabi sovereign ADQ will become the majority owner of Dubai-based courier firm Aramex after reaching cumulative ownership ...